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Aaron Nusbaum
Aaron E. Nusbaum (January 8, 1859July 1, 1936), later Aaron Norman, was an American entrepreneur and philanthropist who is best known as one of the two men who acquired 50% of the stock in the fledgling Sears, Sears, Roebuck and Co. from Richard Warren Sears, Richard Sears and started it on the road to becoming a retail giant. Early career By 1893 he was a successful businessman in Chicago and earned his first fortune when he obtained a concession to sell soda water soft drinks at the World’s Columbian Exposition. He received the contract by doing a favor for Marshall Field, a member of the Fair’s planning commission. His profit for the summer’s work was $150,000.00. ($3,750,000.00 in 2010). He invested part of that money in Bastedo Tube Company, a pneumatic tube manufacturer whose product is used to deliver messages and money in department stores between floors and departments. A sales call in 1895 led to his investment in Sears. Purchase of Sears In 1895 Nusbaum had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entrepreneur
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneur () is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a small business, or (per ''Business Dictionary'') as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit". The people who create these businesses are often referred to as "entrepreneurs". In the field of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philanthropist
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist. Etymology The word ''philanthropy'' comes , from 'to love, be fond of' and 'humankind, mankind'. In , Plutarch used the Greek concept of to describe superior human beings. During the Middle Ages, was superseded in Europe by the Christian virtue of '' charity'' (Latin: ) in the sense of selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity extends not only to the love of God, but also to the love of our neighbor". Sir Francis Bacon considered ''philanthrôpía'' to be synonymous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sears
Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail-order catalog company migrating to opening retail locations in 1925, the first in Chicago. Through the 1980s, Sears was the largest retailer in the United States. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. In 2018, it was the 31st-largest. After several years of declining sales, Sears' parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Sears Tower in Chicago from 1973 until moving out to Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Warren Sears
Richard Warren Sears (December 7, 1863 – September 28, 1914) was an American businessman who co-founded the department store Sears, Roebuck and Company with his partner Alvah Curtis Roebuck. Early life Sears was born in Stewartville, Minnesota. His father was James Warren Sears, born circa 1828 in New York, a blacksmith and wagon-maker; his mother was Eliza Burton, born in Ohio circa 1843. The family was living in Spring Valley, Minnesota, by June 1870, where his father served as a city councilman and eventually sold his wagon shop in 1875. Both of his parents were of English descent. During his boyhood in Spring Valley, he befriended Almanzo Wilder, the future husband of Laura Ingalls Wilder. In 1880, he started working as a telegraph operator in the town of North Branch, Minnesota, for the Minneapolis and St. Louis Railway, and was later transferred to North Redwood Falls, Minnesota, to be station agent there., Spring Valley Methodist Church Museum. Retrieved Januar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World’s Columbian Exposition
The World's Columbian Exposition, also known as the Chicago World's Fair, was a world's fair held in Chicago from May 5 to October 31, 1893, to celebrate the 400th anniversary of Christopher Columbus's arrival in the New World in 1492. The centerpiece of the Fair, held in Jackson Park, was a large water pool representing the voyage that Columbus took to the New World. Chicago won the right to host the fair over several competing cities, including New York City, Washington, D.C., and St. Louis. The exposition was an influential social and cultural event and had a profound effect on American architecture, the arts, American industrial optimism, and Chicago's image. The layout of the Chicago Columbian Exposition was predominantly designed by John Wellborn Root, Daniel Burnham, Frederick Law Olmsted, and Charles B. Atwood. It was the prototype of what Burnham and his colleagues thought a city should be. It was designed to follow Beaux-Arts principles of design, namely neoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshall Field
Marshall Field (August 18, 1834January 16, 1906) was an American entrepreneur and the founder of Marshall Field's, Marshall Field and Company, the Chicago-based department stores. His business was renowned for its then-exceptional level of quality and customer service. Field is also known for some of his philanthropic donations, providing funding for the Field Museum of Natural History and donating land for the campus of the University of Chicago. Early life Marshall Field was born on a farm in Conway, Massachusetts, the son of John Field IV and Fidelia Nash. His family was descended from Puritans who had come to America as early as 1629. At the age of 17, he moved to Pittsfield, Massachusetts, where he first worked in a dry goods store alongside his brother Joseph Field. and (includes brief biography of Marshall Field). He left Massachusetts after five years of working in the dry goods store in search of new opportunities in the rapidly expanding West. In 1856, at age ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pneumatic Tube
Pneumatic tubes (or capsule pipelines, also known as pneumatic tube transport or PTT) are systems that propel cylindrical containers through networks of Tubing (material), tubes by Gas compressor, compressed air or by partial vacuum. They are used for transporting solid objects, as opposed to conventional pipelines which transport fluids. In the late 19th and early 20th centuries, pneumatic tube networks gained acceptance in offices that needed to transport small, urgent packages, such as mail, other paperwork, or money, over relatively short distances, within a building or, at most, within a city. Some installations became quite complex, but have mostly been superseded. However, they have been further developed in the 21st century in places such as hospitals, to send blood samples and the like to clinical laboratory, clinical laboratories for analysis. A small number of pneumatic transportation systems were built for larger cargo, to compete with train and subway systems. However ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Julius Rosenwald
Julius Rosenwald (August 12, 1862 – January 6, 1932) was an American businessman and philanthropist. He is best known as a part-owner and leader of Sears, Roebuck and Company, and for establishing the Rosenwald Fund, which donated millions in matching funds to promote vocational or technical education. In 1919 he was appointed to the Chicago Commission on Race Relations. He was also the principal founder and backer for the Museum of Science and Industry in Chicago, to which he gave more than $5 million and served as president from 1927 to 1932. Early life Julius Rosenwald was born in 1862 to the clothier Samuel Rosenwald and his wife Augusta (Hammerslough), a Jewish immigrant couple from Germany. Julius Rosenwald was Samuel and Augusta’s second child to survive infancy. He was born and raised just a few blocks from Abraham Lincoln's residence in Springfield, Illinois, during Lincoln's presidency. In 2020, the house, formerly known as ''Lyon House'', was renamed in his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albert Henry Loeb
Albert Henry Loeb (February 18, 1868 – October 27, 1924) was a Chicago attorney and the former vice president and treasurer of Sears, Roebuck and Co. Loeb was the brother of Jacob Loeb, the former president of the Chicago Board of Education and was also the father of convicted murderer Richard Albert Loeb of the infamous Leopold and Loeb. Early years Albert Henry Loeb was born to a Jewish family in Rockford, Illinois. Loeb married Anna H. Bohnen on April 26, 1894. The couple settled in the Kenwood neighborhood on Chicago's south side and had four sons: Allan, Ernest, Richard, and Thomas. In addition to their Kenwood mansion, Loeb built a summer estate for the family called Loeb Farms in 1918, in Charlevoix, Michigan. Part of the property was purchased from the Loebs in 1962, was renamed Castle VanHaver and hosted an art gallery. It was again sold in 1969 and was renamed Castle Farms. Career Loeb did not attend law school. Rather, he was admitted to the bar by examination ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arnstein & Lehr, LLP
Arnstein & Lehr was a national law firm founded in Chicago in 1893, with offices in Chicago, and Springfield, Illinois; Milwaukee, Wisconsin; Boca Raton, Fort Lauderdale, Miami, Tampa, and West Palm Beach, Florida. The firm represented business enterprises in significant legal victories in the United States and Puerto Rico. Its representation of Sears, Roebuck and Co. since 1895 is one of the country's longest continuous attorney-client relationships. On September 1, 2017, Arnstein & Lehr, LLP combined with Saul Ewing to form Saul Ewing Arnstein & Lehr, LLP with 14 offices and over 400 attorneys. History In 1893, Albert Henry Loeb and Sydney Adler founded a law partnership specializing in corporate and real estate law, known as Loeb & Adler, with offices in room 903 of the Chamber of Commerce Building on the southeast corner of LaSalle and Washington Streets in Chicago. In 1895, the firm handled the reorganization of Sears and the entry into the company of Julius Rosenwald ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Historical Institute
The German Historical Institutes (GHI), , (''DHI'') are six independent academic research institutes of the Max Weber Foundation dedicated to the study of historical relations between Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ... and the host countries in which they are based. The institutes are: * German Historical Institute in Rome (established in 1888) * German Historical Institute Paris (1958) * German Historical Institute London (1976)''German Historical Institute: 40 year anniversary''. German Historical Institute, London, 2016. p. 4. * German Historical Institute Washington DC (1987) * German Historical Institute Warsaw (1993) * German Historical Institute Moscow (2005) See also * German Studies Association * Perspectivia.net References History insti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwestern University Press
Northwestern University Press is an American publishing house affiliated with Northwestern University in Evanston, Illinois. It publishes 70 new titles each year in the areas of continental philosophy, poetry, Slavic and German literary criticism, Chicago regional studies, African American intellectual history, theater and performance studies, and fiction. Parneshia Jones is director of the press. It is a member of the Association of University Presses. History Founded in 1893, Northwestern University Press was initially dedicated to the publication of legal periodicals and scholarly legal texts. In 1957, the Press was established as a separate university publishing company and began expanding its offerings with new series in various fields. Notable Publications, Imprints, and Series Northwestern University Press publishes a wide range of titles. In 1963, the Press published Viola Spolin's landmark volume, ''Improvisation for the Theater: A Handbook of Teaching and Direct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
